Inventory Management Lead
2 weeks ago
Coach, a global fashion house, seeks a seasoned professional to lead the Europe Inventory Management team. As a key member of the organization, you will be responsible for creating and driving in-season management of the overall plan across retail, ecommerce, and outlet channels.
The ideal candidate will possess a strong understanding of inventory management principles and have a proven track record of delivering results in a fast-paced environment. Your expertise will be invaluable in driving business performance and maximizing inventory optimization opportunities.
In this role, you will work closely with the Tapestry Senior Director, Inventory Management & Allocation, to lead a team of two, a Senior Inventory Management Planner and Inventory Management Planner. Your responsibilities will include:
• Leading annual inventory management for Coach Europe.
• Monthly sales reforecast against OTB plans, supporting the evaluation of business performance and update of sales, shipments, inventory, GM%, DR% targets, and stock turn.
• Driving total Europe inventory optimization, in line with global targets, to support delivery of the Coach Europe Annual Operating plan and facilitate inventory optimization.
• Maintaining and publishing seasonal OTB, including sales, gross margin, shipment, inventory turn, and W/li.
• Managing the carryover vs seasonal inventory strategy (NOOS management) in-season trading, driving risk and opportunity discussions.
• Determining optimal multi-brand DC fulfilment at time of seasonal buys (utilising planning system and tools).
• Utilising planning system management and ensuring deliverables are met by the team.
• Partnering with Buying teams to drive movement of aged inventory through relevant channels and share timelines with the business.
• Collating and presenting inventory overview and weekly trade to Global teams and Leadership team.
• Partnering closely with the Finance team to align on short- and long-term sales, gross margin, and inventory targets.
The ideal candidate will possess:
• 4+ years' experience in inventory management/merchandise planning.
• Highly commercial, numerate, and analytical, and familiar with demand planning processes, operating with a clear command of key financial drivers in driving a business.
• Advanced computer skills in Excel and retail planning systems e.g. RPAS, Cora, SAP.
• Proven people management skills with the ability to effectively communicate, mentor, and problem-solve.
• Experience of working with a global company/brand.
What Coach can offer you:
• Hybrid working (3 days working from the office, 2 days remote).
• 1 Paid Volunteering Day per year and opportunities to volunteer with global projects.
• Learning & Development opportunities.
• Internal mobility & career progression.
• Regular Social Events - Seasonal & Cultural.
• Equity Inclusion & Diversity initiatives which include employee resource groups & regional inclusion council.
As a valued member of the Coach team, you will have access to:
• 25 days holiday in addition to bank holidays.
• Annual Incentive Plan (company performance bonus).
• Tapestry brand discount up to 50% off Coach, Kate Spade, Stuart Weitzman.
• Private Healthcare with health assessment (Bupa).
• Bupa rewards - Financial wellbeing support and wellness discounts.
• Private Dental Cover.
• Eyecare vouchers.
• Employee Assistance Program.
• Employer Pension Contribution.
• Gym discount.
• Interest free season ticket loan.
• Cycle to work scheme.
We are an equal opportunities employer and welcome applications from all qualified candidates.
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